Reprinted from the Journal of Portfolio Management, Winter 1992, pp. 7-19. This copyrighted material has been reprinted with permission from The Journal of Portfolio Management. It is widely agreed ...

Emerging markets stocks surged in September, delivering the lead performance for the major asset classes, based on a set of ETFs. Vanguard Emerging Markets rose a sizzling 7.3% in September, beating ...

April 2026 brought a broad recovery across asset classes, reversing much of March’s losses. U.S. stocks led the month at ...

The headline for 2025 is straightforward: it was a strong year for investors, with the fourth quarter putting the finishing touches on solid gains. Bonds regained their role as diversifiers, and ...

As a continuation of the Q3 2024 Asset Owner CIO Quarterly which focused on U.S. public pension funds’ asset allocations and comparative portfolios returns, the Q4 2024 Asset Owner CIO Quarterly ...

The start to 2025 saw a notable shift in market conditions, with volatility proving to be the only constant. Recent months serve as a stark reminder of how unpredictable markets can be, particularly ...

Wall Street fears higher prices and slower growth will sink all stocks - but small-caps and housing hold their own Stagflation doesn't have to strangle your stock portfolio. Keep this in mind as you ...

My latest article in this series will focus on venture capital. Venture sits within the “growth” pillar of my portfolio construction framework, as described in my inaugural piece. Venture capital is a ...

In an environment in which debt has become harder for businesses to access from banks, financial advisors want to allocate more to private credit investment vehicles. A survey of 260 financial ...